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Nonprofit · EIN 56-2053399

OAK ISLAND WATER RESCUE TEAM

Tax-exempt · OAK ISLAND, NC 28465

Financials

$185K$118K2023$134K$171K2024
Revenue Expenses · by fiscal year end
Financials of OAK ISLAND WATER RESCUE TEAM by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$133,922$171,243-$37,321$296,123$3,832$292,291
June 30, 2024990$184,942$118,456$66,486$332,794$3,182$329,612
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$64,686
of which government grants
$62,186
Program service revenue
$0
Investment income
$21,328
Net gain from sales of assets
$12,917
Other revenue
$47,908

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Depreciation
$51,238
Program services (functional)
$126,951
Management and general (functional)
$41,396
Fundraising (functional)
$2,896

Balance sheet and other

Total assets, start of year
$332,794
Total assets, end of year
$296,123
Total liabilities, end of year
$3,832
Net assets, end of year
$292,291
Land, buildings and equipment
$106,281
Net assets without donor restrictions
$292,291
Gross receipts
$136,005
Employees
0
Year formed
1997
State of legal domicile
NC

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
JAMIE BEADLELIEUTENANT
Trustee or director, Officer
–$0
MATT BOOSMALIEUTENANT
Trustee or director, Officer
–$0
MIKE HELMSLIEUTENANT
Trustee or director, Officer
–$0
TERRY HOBENASSISTANT CH
Trustee or director, Officer
–$0
DAVE HOFFERTTREASURER
Trustee or director, Officer
–$0
CARL MAUNEYCHIEF
Trustee or director, Officer
–$0
KATHERINE POIRIERSECRETARY
Trustee or director, Officer
–$0
MIKE SULLIVANCAPTAIN
Trustee or director, Officer
–$0
KEN WORLEYMEMBER-AT-LA
Trustee or director, Officer
–$0
990 for the year ended June 30, 2024: 9 people
NameTitleHours / weekCompensation
JAMIE BEADLELIEUTENANT
Trustee or director, Officer
5$0
MATT BOOSMALIEUTENANT
Trustee or director, Officer
5$0
MIKE HELMSLIEUTENANT
Trustee or director, Officer
5$0
TERRY HOBENASSISTANT CH
Trustee or director, Officer
5$0
DAVE HOFFERTTREASURER
Trustee or director, Officer
5$0
CARL MAUNEYCHIEF
Trustee or director, Officer
5$0
KATHERINE POIRIERSECRETARY
Trustee or director, Officer
5$0
MIKE SULLIVANCAPTAIN
Trustee or director, Officer
5$0
KEN WORLEYMEMBER-AT-LA
Trustee or director, Officer
5$0

Address and contacts

Address (IRS master file)
5008 E OAK ISLAND DR APT 2 PMB 141, OAK ISLAND, NC 28465-5261
In care of
% ARCHER A WILSON II
Mailing address (990-N for 2022)
PO Box 447, Oak Island NC 28465
Principal officer (990 for 2024)
DAVE HOFFERT, PO BOX 447, OAK ISLAND, NC 28465
Principal officer (990-N for 2022)
Pete Grendze, PO Box 447, Oak Island NC 28465
Signed the 990
DAVE HOFFERT, TREASURER
Phone
(910) 278-4482
Return prepared by
W GREENE PLLC

Mission

VOLUNTEER WATER RESCUE SERVICES

990 for the year ended June 30, 2025

Program accomplishments

  • VOLUNTEER WATER RESCUE SERVICES
    Expenses $126,951

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
56-2053399
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2009
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$296,123
Income (IRS master file)
$136,005

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$133,922$171,243$296,123XML
990June 2024$184,942$118,456$332,794XML
990-N for 2022
Officer: Pete Grendze
June 30, 2023≤ $50,000 receipts––e-Postcard
990-N for 2020
Officer: Ken Worley
June 30, 2021≤ $50,000 receipts––e-Postcard
990-N for 2019
Officer: Robert Ludwig
June 30, 2020≤ $50,000 receipts––e-Postcard
990-N for 2018
Officer: Robert Ludwig
June 30, 2019≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 56-2053399).

Questions about OAK ISLAND WATER RESCUE TEAM

What is the EIN of OAK ISLAND WATER RESCUE TEAM?
The employer identification number (EIN) of OAK ISLAND WATER RESCUE TEAM is 56-2053399.
Is OAK ISLAND WATER RESCUE TEAM tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
Are donations to OAK ISLAND WATER RESCUE TEAM tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does OAK ISLAND WATER RESCUE TEAM file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of OAK ISLAND WATER RESCUE TEAM due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did OAK ISLAND WATER RESCUE TEAM last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of OAK ISLAND WATER RESCUE TEAM?
The 990 for the year ended June 30, 2025 names DAVE HOFFERT.
Who are the officers and directors of OAK ISLAND WATER RESCUE TEAM?
The 990 for the year ended June 30, 2025 lists 9 people; 0 received compensation from the organization.
How much revenue does OAK ISLAND WATER RESCUE TEAM have?
On its 990 for the year ended June 30, 2025 it reported revenue of $133,922, expenses of $171,243 and total assets of $296,123 at year end.

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